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13/02/2011

Nitish congratulates new SEBI chief

 

Patna,(BiharTimes): Bihar Chief Minister Nitish Kumar on Saturday congratulated UTI Mutual Fund Chairman-cum-Managing Director U K Sinha, a Bihar cadre IAS officer, on his appointment as the chairman of Securities and Stock Exchange Board of India (SEBI). Sinha was appointed to this post last week and was in Patna to attend a UTI Mutual Fund function, perhaps the last such engagement before he takes over the new job within a few days.


While addressing the function in the presence of Sinha the chief minister hoped that Sinha would try to ensure good participation of Bihar in the stock market trade.

Speaking on the occasion Sinha said the entire world had recognized the economic emergence of Bihar and even CLSO, a global rating institution, in its recent survey had given its approval to the progress in socio-economic development parametres in Bihar.

 

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